Regulation

SEC’s Investment Rule Updates and Cannabis Fundraising Recently the SEC updated its rules to simplify the patchwork of regulations to help companies in fundraising mode. This matters to cannabis companies of all types, especially those that want to utilize the available federal exemptions in their securities offerings. In the SEC’s own words, “These amendments will promote capital formation and expand investment opportunities while...

Pores and skin oncology remedy producer MedC Biopharma Corp. is launching its $3 million non-public placement providing. The corporate identified for numerous merchandise with cannabinoid and different pure elements launched the non-public placement by way of the DealSquare platform, which is supported by NEO and DealMaker expertise. DealSquare is an automatic platform that permits capital raisers to launch their non-public placement gives, and...

Aurora Cannabis stock slammed by executive departure and insiders selling Jefferies downgrades Aurora stock to hold from buy and says path to profitability is further away than expected. Aurora Cannabis Inc.’s U.S.-listed shares slid 8% Monday, after the company announced the exit of a key executive, amid insiders selling stakes, dilutive financing moves and questions about the company’s path to profitability. The...

How The JOBS Act 3.0 should boost Marijuana Investment The tsunami has all but ended in a defeat for many investors and companies. There is finally good news. The JOBS Act 3.0 The jobs act 1.0 and 2.0 delivered a disruption to investing and helped propel small businesses into multimillion dollar companies.  The great rush of Reg. A and Reg. D...

Marijuana Set to become Legal in Illinois On Friday, Illinois lawmakers approved recreational marijuana legalization. This delivers another huge  step in nationwide recreational legalization in one of the biggest markets in the US. Marijuana Investors will see another huge market open in 2020, helping build momentum in the Cannabis Markets. Illinois will set another new bar for nationwide legalization of Marijuana. The highly contention...